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4/3 Shepherd Road Mandurah, WA 6210

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4/3 Shepherd Road,
Mandurah, WA 6210

Showrooms & Large Format Retail • Shops & Retail

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Long Lease To National Tenant

We have the pleasure of being able to offer a large, modern, strata showroom with a total area of approx. 1284m2 in a small group of 5.

Situated alongside/nearby to other national tenants this is a golden opportunity to lock in a good lease covenant in a well exposed location in Mandurah's premium showroom precinct.

The property is leased to 25th February 2026 and has 3 x 5 year options. The net rental equates to approx. $173,000 net pa.

The showroom is a modern, tilt panel with metal deck roof and 6 x large evaporative air conditioners.

Being the end unit it has exposure to 3 sides with the rear being for loading bay/roller door.

There is another main drawcard lessee adjoining being Freedom (furniture) and over the road is a Harvey Norman on one side and Amart and Snooze on the other side,

If you want to lock in an investment in a great location with a well known national tenant then please email the agent for an Information Memorandum. Peter Vetten pvetten@rhmandurah.com.au 04035844....

The property is to be sold via an Offers Invited process, closing Tuesday 2pm on 22nd February 2022, unless sold prior.
Guideline Price: the seller is seeking offers in excess of $2.5mil (GST to be on a Going Concern basis)

Additional information

Property ID: 503994219Last Updated: 2 May 2022

04035844...
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4/3 Shepherd Road
Mandurah, WA 6210
Raine & Horne - Mandurah
Shop 3, 12 Sutton Street
MANDURAH, WA 6210

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